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Amazon likely to face investigation under EU tech rules next year

Business & FinanceTechnology 21 November 2024, 2:04 am 1 minute Amazon shares fell 3% after a Reuters exclusive that the online retailer will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace. Article Tags Topics of Interest: Business & FinanceTechnology Type: Reuters Best Sectors: Business…

Buffett refines plans for his fortune, donates more Berkshire shares

Business & Finance 25 November 2024, 3:44 am 1 minute Reuters was significantly ahead of competition when Warren Buffett announced further preparations for giving away his fortune after his death and converted $1.14 billion worth of shares in Berkshire Hathaway to donate to foundations. Article Tags Topics of Interest: Business & Finance Type: Reuters Best…

Trump camp says China is ‘attacking’ US with fentanyl, they aim to fight back

EconomyGovernmentPolitics 26 November 2024, 3:07 am 1 minute As cited in Reuters special reportDonald Trump’s return to power portends a shakeup in the U.S. approach to addressing America’s fentanyl crisis and what counternarcotics officials say is the biggest obstacle to solving it: China. Article Tags Topics of Interest: EconomyGovernmentPolitics Type: Reuters Best Sectors: Economy &…

China regulators ask funds to curb short selling of stock index futures

EconomyGovernment 24 January 2024, 10:29 pm 1 minute Reuters exclusively reported that China’s securities regulators have asked some hedge fund managers to restrict short selling in its stock index futures market, as authorities seek to stabilise sinking stocks. Market Impact The blue chip CSI300 Index (.CSI300), plunged to near five-year lows this week, prompting fresh…

India’s Andhra Pradesh state likely to suspend Adani power deal

Business & FinanceDeals 26 November 2024, 7:52 am 1 minute India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the U.S. indictment of the group’s billionaire founder Gautam Adani over an alleged bribery scheme, Reuters exclusively revealed. Why it matters The suspension, likely to be announced…

CFM juggles engine supply in boost to Airbus

Business & Finance 28 November 2024, 2:14 am 1 minute Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap as the planemaker battles to hit end-of-year targets, three people familiar with the matter told Reuters. Article Tags Topics of Interest: Business & Finance Type: Reuters Best Sectors:…